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Mitsubishi Power Americas has landed a $504.4 million financing from the US Department of Energy (DOE) for the development of what the company claims will be the largest hydrogen storage facility in the world.
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The US subsidiary of Japanese energy company JERA Co has agreed to purchase an over 1.6 GW portfolio of operational dual-fuel peaking plants in Massachusetts and Maine from a Stonepeak Infrastructure Partners fund.
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BNP Paribas’ co-head of energy and renewables investment banking in the US, Neil Davids, has left the French bank to take up a managing director role at CIBC.
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FDNE, a fund managed by the Superintendency for the Development of the Northeast (Sudene), is disbursing a R$698 million ($146 million) loan to finance wind projects in Brazil.
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Venture Global LNG has reached final investment decision and financial close on its $13.2 billion project financing for the Plaquemines LNG facility and related Gator Express pipeline.
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French energy company TotalEnergies has agreed to purchase a 50% stake in renewables developer Clearway Energy Group for $1.6 billion and a minority stake in SunPower Corp.
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K&L Gates has added a team of four energy-focused partners to its firm from Husch Blackwell, with three of the new partners joining K&L’s Kansas City, Missouri offices and one landing at the firm’s Austin, Texas office.
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After more than two years in the process, Stoneway Capital Corporation closed a restructuring deal under Chapter 11 and CBCA plans, which went effective May 17.
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A Durham, North Carolina-based developer has secured a $125 million letter of credit to support the company’s project development pipeline.
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Origis Energy has closed a $375 million credit facility to support the company’s solar and energy storage project pipeline.
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